Market Overview:
The global rigid trays packaging market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for rigid trays packaging from various end-use industries such as pharmaceutical, food, electrical & electronics, consumer goods, healthcare and others. Rigid trays are used to pack products that need protection against damage and contamination during transit or storage. These trays also provide an attractive appearance to the packaged product and enhance its shelf life. Some of the major factors that are driving the growth of this market include rising demand for convenience foods, growing e-commerce sector and increasing investments by key players in research & development activities.
Product Definition:
Rigid trays packaging is a type of packaging that uses rigid plastic or cardboard trays to protect and contain products. This type of packaging is important because it can provide protection for products during shipping and handling, as well as help keep them organized and visible on store shelves.
Plastic Rigid Trays Packaging:
Plastic rigid trays packaging is a method of rigid tray packaging in which the primary material used for manufacturing the product is plastic. The other materials used to manufacture these products include polypropylene, polyethylene, and high-density polyethylene among others. These materials are utilized to produce both single-use and reusable products on an industrial scale for food & non-food applications.
Metal Rigid Trays Packaging:
Metal rigid trays packaging is a method of rigid tray packaging, which uses metal or composite materials for the primary and secondary packing. Metal rigid trays are used to pack various products such as food & beverages, consumer goods, chemicals & pharmaceuticals among others. The demand for metal rigid trays is driven by factors such as increasing consumption across the retail sector coupled with growing e-commerce industry worldwide.
Application Insights:
The food application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The pharmaceutical industry uses rigid trays packaging solutions as they offer better protection against spills, moisture, and temperature changes. These products are lightweight, which further enhances their utilization in air transportation of pharmaceuticals.
Rigid trays packaging solutions help manufacturers to reduce waste by recycling used cases or containers along with scrap materials that can be easily recycled at a lower cost than disposal methods such as landfilling or incineration. Rigid tray packaging also helps manufacturers to save costs on printing and paper consumption by eliminating the need for paper labels during product transportation & storage.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region owing to the increasing demand for rigid trays from various end-use industries. The growth can be attributed to an increase in manufacturing facilities, especially in China and India, which has led to a rise in packaging requirements. In addition, rapid urbanization coupled with industrialization is expected to drive product demand over the forecast period.
Europe Rigid Trays Packaging Market accounted for 26% of global revenue share in 2017 on account of high consumer awareness regarding environmental protection coupled with stringent government regulations pertaining towards recycling and sustainability. This trend is projected to continue over the next eight years thereby driving industry growth across this region as well. North America was estimated at USD X million (EUR 829 million) accounting for 7% of global market share by revenue generation capacity as of 2016 according lo International Trade Administration (ITA). ITA further states that exports from U.S.
Growth Factors:
- Increasing demand for Rigid Trays Packaging from food and beverage industry
- Rising demand for Rigid Trays Packaging in pharmaceutical and healthcare sector
- Growing popularity of Rigid Trays Packaging among consumers owing to its features such as durability, leak-proof, and tamper-proof
- Proliferation of online retailing that is fuelling the demand for Rigid Trays Packaging
- Technological advancements in the manufacturing of rigid trays packaging that is resulting in reduction in weight and thickness
Scope Of The Report
Report Attributes
Report Details
Report Title
Rigid Trays Packaging Market Research Report
By Type
Plastic Rigid Trays Packaging, Metal Rigid Trays Packaging, Paper Rigid Trays Packaging
By Application
Pharmaceutical, Food, Electrical & Electronics, Consumer Goods, Healthcare, Others
By Companies
Anchor Packaging Inc. (Hermann Companies, Inc.), Bemis (Amcor), RPC Group (Berry Global Group), Dart Container Corp., DS Smith, Genpak LLC, Tekni-Plex Inc., Placon, Winpak Ltd., Sonoco Products, Cambro, Huhtamaki, Pactiv, GY Packaging, East Coast Packaging, LINPAC Packaging, TEMMA SHIKI, Quinn Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Rigid Trays Packaging Market Report Segments:
The global Rigid Trays Packaging market is segmented on the basis of:
Types
Plastic Rigid Trays Packaging, Metal Rigid Trays Packaging, Paper Rigid Trays Packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Food, Electrical & Electronics, Consumer Goods, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anchor Packaging Inc. (Hermann Companies, Inc.)
- Bemis (Amcor)
- RPC Group (Berry Global Group)
- Dart Container Corp.
- DS Smith
- Genpak LLC
- Tekni-Plex Inc.
- Placon
- Winpak Ltd.
- Sonoco Products
- Cambro
- Huhtamaki
- Pactiv
- GY Packaging
- East Coast Packaging
- LINPAC Packaging
- TEMMA SHIKI
- Quinn Packaging
Highlights of The Rigid Trays Packaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Rigid Trays Packaging
- Metal Rigid Trays Packaging
- Paper Rigid Trays Packaging
- By Application:
- Pharmaceutical
- Food
- Electrical & Electronics
- Consumer Goods
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rigid Trays Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rigid trays packaging is a type of packaging that uses rigid panels to enclose products. The panels are often made from plastic or metal and are designed to protect the products inside from damage. Rigid trays packaging can be used for a variety of products, including food items, pharmaceuticals, and electronics.
Some of the major companies in the rigid trays packaging market are Anchor Packaging Inc. (Hermann Companies, Inc.), Bemis (Amcor), RPC Group (Berry Global Group), Dart Container Corp., DS Smith, Genpak LLC, Tekni-Plex Inc., Placon, Winpak Ltd., Sonoco Products, Cambro, Huhtamaki, Pactiv, GY Packaging, East Coast Packaging, LINPAC Packaging, TEMMA SHIKI, Quinn Packaging.
The rigid trays packaging market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rigid Trays Packaging Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rigid Trays Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rigid Trays Packaging Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rigid Trays Packaging Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rigid Trays Packaging Market Size & Forecast, 2020-2028
4.5.1 Rigid Trays Packaging Market Size and Y-o-Y Growth
4.5.2 Rigid Trays Packaging Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Plastic Rigid Trays Packaging
5.2.2 Metal Rigid Trays Packaging
5.2.3 Paper Rigid Trays Packaging
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical
6.2.2 Food
6.2.3 Electrical & Electronics
6.2.4 Consumer Goods
6.2.5 Healthcare
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rigid Trays Packaging Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rigid Trays Packaging Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Plastic Rigid Trays Packaging
9.6.2 Metal Rigid Trays Packaging
9.6.3 Paper Rigid Trays Packaging
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical
9.10.2 Food
9.10.3 Electrical & Electronics
9.10.4 Consumer Goods
9.10.5 Healthcare
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Plastic Rigid Trays Packaging
10.6.2 Metal Rigid Trays Packaging
10.6.3 Paper Rigid Trays Packaging
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical
10.10.2 Food
10.10.3 Electrical & Electronics
10.10.4 Consumer Goods
10.10.5 Healthcare
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Plastic Rigid Trays Packaging
11.6.2 Metal Rigid Trays Packaging
11.6.3 Paper Rigid Trays Packaging
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical
11.10.2 Food
11.10.3 Electrical & Electronics
11.10.4 Consumer Goods
11.10.5 Healthcare
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Plastic Rigid Trays Packaging
12.6.2 Metal Rigid Trays Packaging
12.6.3 Paper Rigid Trays Packaging
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical
12.10.2 Food
12.10.3 Electrical & Electronics
12.10.4 Consumer Goods
12.10.5 Healthcare
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Plastic Rigid Trays Packaging
13.6.2 Metal Rigid Trays Packaging
13.6.3 Paper Rigid Trays Packaging
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical
13.10.2 Food
13.10.3 Electrical & Electronics
13.10.4 Consumer Goods
13.10.5 Healthcare
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rigid Trays Packaging Market: Competitive Dashboard
14.2 Global Rigid Trays Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anchor Packaging Inc. (Hermann Companies, Inc.)
14.3.2 Bemis (Amcor)
14.3.3 RPC Group (Berry Global Group)
14.3.4 Dart Container Corp.
14.3.5 DS Smith
14.3.6 Genpak LLC
14.3.7 Tekni-Plex Inc.
14.3.8 Placon
14.3.9 Winpak Ltd.
14.3.10 Sonoco Products
14.3.11 Cambro
14.3.12 Huhtamaki
14.3.13 Pactiv
14.3.14 GY Packaging
14.3.15 East Coast Packaging
14.3.16 LINPAC Packaging
14.3.17 TEMMA SHIKI
14.3.18 Quinn Packaging
